J P Morgan has projected the possibility of a US recession by the end of 2025, citing President Trump’s new reciprocal tariffs as a key factor. The forecast warns of a potential decline in GDP and an increase in unemployment rates. Federal Reserve Chair Jerome Powell has echoed these concerns, emphasizing that the tariffs could lead to higher inflation and slower economic growth. The impact of these policies on the global economy remains uncertain. The looming recession adds to the existing challenges faced by the US economy, including supply chain disruptions and rising energy prices. Experts suggest that a coordinated international response may be necessary to mitigate the effects of the tariffs and prevent a global economic downturn. The situation is being closely monitored by financial markets and policymakers around the world.